General News
Titanium Transportation Closes Management‑Led Buyout
Titanium Transportation completed its sale March 31, closing a previously announced take-private transaction that values the company at $2.22 per share.
Oil Prices Continue Surge on Concerns of Prolonged War
Benchmark U.S. crude rose 11.4% to $111.54 a barrel. The price of Brent crude, the international standard, jumped 7.8% to $109.03 per barrel.
Employers Added a Surprisingly Strong 178,000 Jobs in March
Most economists say the impact of the war and higher energy prices were probably not fully reflected in the March jobs numbers.
Amazon Adds 3.5% Surcharge as War Drives Up Fuel Prices
Amazon’s fuel and logistics-related surcharge will apply to U.S. and Canadian sellers using its Fulfillment by Amazon option, effective April 17.
C.H. Robinson Launches Fuel Relief for Carrier Network
C.H. Robinson Worldwide announced it is offering free discount fuel cards and free cash advances for fuel to help counter rising costs on its carrier network.
Trump Keeps 50% Metals Tariffs, Adds Exemptions
A senior official cast the changes as necessary to simplify the policy and provide more fairness to businesses grappling with President Trump’s tariffs.
US Accuses China of Harassing Panama-Flagged Ships
The allegations add another point of tension between the U.S. and China ahead of President Donald Trump’s scheduled visit to Beijing in May.
How Does a California Fleet Tackle $7 Diesel?
The average on-highway price of diesel in California was $7.219 a gallon on March 30, a 44.7% increase compared with $4.99 a gallon on March 2.
BeyondTrucks Deploys AI Agents to Customize Freight Rates
BeyondTrucks is rolling out freight rate calculation programs that can be customized using simple language, the dispatch management company announced March 31.
Indiana Pulls Nearly 2,000 Non‑Domiciled CDLs Under New Law
Indiana canceled nearly 1,790 non-domiciled commercial driver licenses April 1 when a new law took effect aimed at undocumented truckers and their employers.
Toyota Expands Lineup of ‘Tesla Killer’ EVs in US Car Market
Production of a new U.S.-made EV will begin this year, followed by another model in 2027; that will bring its total EV lineup in the U.S. to seven models.
Tesla Posts One of Worst Sales Quarters in Years
The company delivered 358,023 vehicles worldwide in the first quarter. It’s the second consecutive quarter that Tesla has fallen short of projections.
US Trade Deficit Widened in February by Less Than Forecast
The gap in goods and services trade grew 4.9% from the prior month to $57.3 billion, Commerce Department data showed April 2.
Oil Rises 10% After Trump Says US Will Hit Iran Hard
Oil prices were sharply higher following Trump’s remarks. Benchmark U.S. crude rose $10.11 to $110.24 a barrel. Brent jumped more than 8% to $109.38.
Dizzying Fuel Prices Mostly Outside of Gas Station's Control
Experts say differences in price aren’t typically decided by any individual gas retailer, and most of them aren't pocketing the extra pennies when prices rise.
UK Gathers Dozens of Nations to Plot Ways to Reopen Hormuz
The U.S. is not among the countries attending the meeting, which comes after President Trump made clear that he thinks securing the waterway is not America’s job.
Trump Plans to Lower Duty on Metal-Based Products to 25%
The Trump administration is preparing to set a tariff rate of 25% on finished products made with imported steel and aluminum, according to The Wall Street Journal.
Stellantis Weighs Canada EV Production With Chinese Partner
Stellantis is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology, according to sources.
Diesel Cargoes Circle the Globe as Iran War Upends Trade
Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little sense.
Used Truck Sales Beat Seasonal Expectations in February
Used Class 8 truck sales for February exceeded seasonal expectations amid strong gains for auction, wholesale and same-dealer sales.